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NTPC Ltd.
Industry : Power - Generation/Distribution
BSE Code : 532555
NSE Code : NTPC
 
Business Group : Public Sector
   
ISIN No : INE733E01010
 
Face Value/M Lot : 10.00/1
P/E Ratio : 20.88
Market Cap : 171,217.07 Cr

The company history sections lists out major chronological events that happened to the company.

 

 

YEAR                                                           EVENTS
1993 - The Company achieved all the targets set under the Memorandum
             Understanding (MOU) signed with the Government of India for the 5
             successive year.

 

            - Korba - the first biggest power station of the Country situated
               in Bilaspur district of M. P.

 

            - Unit-I was synchronised in March, 1992.

 

            - Due to the disturbed conditions in Russia the supply of balance
              parts for the other units had been very adversely affected.  As a
              result, despite best efforts, the second unit could not be
              commissioned in 1992-93 and it will now be commissioned in
              1993-94.

- Unit-I was commissioned during 1991-92. Two more units were added during 1992-93. These units are under stabilisation.

- The construction work on fourth unit was substantially affected due to non-performance of some of the contractors and the Unit is now envisaged to be commissioned during early 1994-95.

- The first gas turbine was synchronised in 1991-92, the remaining three gas turbines and two (2) steam turbines were commissioned in the financial year 1992-93.

 

 

          - Generation at NTPC's coal and gas based power stations was
             affected severely due to coal and gas shortages and also due to
             grid restrictions.

- Karnataka Government has entered into an understanding with M/s. Cogentrix, USA for establishing Mangalore TPP.

- NTPC has always been the trail blazer in acquiring/assimilating and developing the latest state-of-the-art technologies for ensuring high level of operational performance of its plants in terms of availability, reliability, efficiency and pollution control.

- NTPC has been recognised as the first utility to build in-house Company by bodies like BIS, SEI and the industry.

- During the year, NTPC initiated studies like ecological impact assessment through satellite imageries, detailed geohydrological studies around ash pond of various projects.

- An agreement was signed with M/s. Ballarpur Industries Ltd. (BILT) for supply of dryfly ash at the rate of about 250T per day from Badarpur Thermal Power Plant for the manufacture of aerated autoclaved concrete products.

 

 

          - NTPC has entered the era of ON-line Information environment
            through INGRESS RDBMS.

- NTPC has made its successful way into exciting Hi-tech field of MULTIMEDIA by installing first Multimedia Workstation. - A new company, "Spectrum Power Generation Ltd." Jointly promoted by Spectrum Technologies, USA, Jaya Food Industries, Hyderabad and NTPC, to implement the project has been formed.

- The Power Purchase Agreement, Promoters' Agreement and Fuel Supply Agreement etc. have been signed.

 

 

          - The Award of Honour from the National Safety Council (UK) have
             been won by NTPC as a high performing organisation in the area of
             Safety.

 

           - NTPC organised special Family Welfare Camps in its
             projects/stations, primarily for the benefit of nearby
             population, where attractive monetary and non-monetary incentives  
             were offered by NTPC in addition to the incentive offered by the
             State Govt.

- The NTPC Rehabilitation & Resettlement Policy was modified with an objective to ensure that the project affected persons improve or at least regain their existing standard of living at the time of acquisition of land.

- The NTPC Pavilions at Ichchapur, in West Bengal and Patna in Bihar, where energy conservation and environment were the main themes, received the first and second prizes respectively for best display.

- The employees of the company have got Prime Minister's Shram Awards. This is the eighth consecutive year that the company is getting the award. - NTPC has also bagged the Company Standardization Award for 1992 from Institute of Standards Engineers, an affiliated professional body of Bureau of Indian Standards.

1994 - A tripartite agreement was signed during the year between NTPC, UPSEB and GAIL for direct power supply to GAIL.

 

 

          - NTPC made a Public Issue of Bonds for Rs. 150 crores in December
             '93 which was oversubscribed by more than four times.

- During the year 1993-94, Rihand STPP (2x500 MW) generation was affected due to problem of vibration in the generation of Unit-I necessitating it's shut down for 55 days resulting in loss of generation of about 660 MUs.

 

 

          - An agreement for financial assistance for Faridabad Combined
            Cycle Gas Based Power Project (400 MW) has been singed with OECF,
            Japan.

- NTPC and Oman Oil Company Ltd (OOC) have entered into a Memorandum of Understanding (MOU) to promote a joint stock public limited company with the intent of both parties along with other associates to subscribe to equity to set up gas based power projects under the latest guidelines issued by the Govt. of India for private sector participation in power generation and distribution.

- During the year, NTPC bagged the prestigious "Jawaharlal Nehru Memorial National Award" for effective implementation of Pollution Control Methods, among the entire Indian Power Sector.

- MOUs have been signed with M/s. Nagarjuna Litecrete Ltd. and M/s. Ria-Shelcon for setting up ash based products manufacturing units with ash from Ramagundam and Farakka Power Stations.

- NTPC's representative was a member of the Task Force set up by Govt. of India for Standardisation of various Bid Documents for the procurement of work, equipment & services against World Bank financing.

- During the year the National Safety award from the Government of India was conferred on Singrauli STPS (Runners Up Award) and Farakka STPP (Consolation Award).

 

 

           - British Safety Council has also awarded the prestigious National 
             Safety Award to six Projects of NTPC at Badarpur, Korba,
             Ramagundam , BALCO, Anta and Kawas.

- NTPC became a member of the newly constituted Power Sports Control Board during the year and successfully organised the First Inter PSU Cricket Tournament at Singrauli, NTPC teams won the team championships in Cricket, Volleyball, Hockey, Table Tennis and Chess and were the runners up in Bridge.

 

 

           - A news magazine "Vidyut Swar" in Hindi has been launched to 
             encourage the forum for budding talents.

2000 - Maharashtra State Electricity Board has signed separate power purchase agreement with the company for the total power supply of 1,345 mw from Kawas-II, Gandhar-II, Vindhyachal-II and Siptat power stations.

 

 

          - The capacity of the Company at Talcher in Orissa is expanding
             from 1,000 mw to 2,000 mw.

- The Company has signed a memorandum of understanding with the Ministry of Power for generating 9,4000 million units of electricity during the current financial year.

 

 

           - The Company is likely to be the joint venture partner of
              newly-formed SAIL Power Supply Company Ltd, a wholly-owned
              subsidiary of Steel Authority of India Ltd.

 

           - The Company will sign a joint venture agreement to pick up 26 per
              cent stake in the Gujarat Pipapav Liquefied Natural Gas Ltd's
              Rs 2,500 crore LNG terminal.

 

            - The Company has proposed to pick up a majority stake in Nathpa
              Jakhri Power Corporation following shortfall in equity
              contribution by the centre and the state government for the 1500
               mw hydel project in Himachal Pradesh.

 

            - The Company is getting into wind power segment, starting
              preliminary work on two projects in Karnataka and Tamil Nadu each
               with a capacity of 20 MW. 

 

            - NTPC will set up a Rs 8,000-crore LNG fuelled power plant in
              Mangalore.

 

            - The Company has established a 2000MW gas-based power plant near      
               Mangalore.

 

            - The Company will double its generation capacity in the southern
               region to 6,900 mw by the end of the Tenth Plan.

 

            - The Company is switching over to higher capacity plant size of
               660 MW and new generation power plant technology by adopting
               supercritical parameters.

 

            - Shhri Raghavan Pillai Parameswaran Nair of Korba Station of the Company
               is the only recepient of the Shram Ratna Award.  This is the second consecutive
               year that NTPC has won the Shram Ratna award.

- The Company has signed an agreement with State Bank of Patiala to raise a long-term loan of Rs 150 crores for part-financing its ongoing power generation capacity expansion programme.

- The Company have bagged the `British Safety Council Awards' for the year 1999 in recognition and commendation of services rendered for the cause of safety in the projects. The award winning stations are Ramagundam, Farakka, Rihand, Vindhyachal, Unchahar, Dadri, Talcher Kaniha, Talcher Thermal, Anta, Jhanor Gandhar and NTPC-managed Badarpur Station.

- Mr. C.P. Jain has taken over as Chairman and Managing Director of the Company.

- State-owned National Thermal Power Corporation has agreed to pick up a minority 10 per cent stake in Coal India Ltd's proposed venture in Bihar to supply coal to the thermal power giant's four greenfield power projects in the state.

 

 

             - NTPC and ONGC are forming a new joint venture company for setting up gas residue-based 
               power projects.

 

             - Moody's Investors Services has assigned a `BA2' long-term foreign currency issuer
                rating to the company.

- The Company has launched a drive to recover arrears from the electricity boards of Maharashtra, Madhya Pradesh, Gujarat, Goa, Daman and Diu and Dadra Nagarhaveli.

- The Company has developed a unique financial tool to ensure payment of the past dues.

- The state-run National Thermal Power Corporation has offered to set up a coal-based power project in Maharashtra.

2001 - The Workers of the Company observed a one-day strike, the strike call has been given by the Centre of India Trade Union.

- The Company has signed a memorandum of understanding with the government to generate 1,21,000 million units of electricity during 2001-2002.

- The indian Oil Corporation and National Thermal Power Corporation have signed a memorandum of understanding to set up petro-fuel power plants in India.

- :The National Thermal Power Corporation (NTPC) has informed the government that it is not interested in taking over the Enron-promoted Dabhol Power Project.

-The National Thermal Power Corporation (NTPC) is planning to install new power plants in its western region, which could be of 1000 mw or more.

2003

-'Best Employer' survey conducted by Business Today and Hewitt Associates rates National Thermal Power Corporation (NTPC) as the best employer among publlic sector undertakings for 2002-03

-Receives Rs 11,503 crore bonds from State Electricity Boards (SEB) towards dues

- Inked Rs 7,000-cr Loan agreement with LIC.

-NTPC Ramagundam unit has received the Rajbhasha Award for 2002-03. In spite of its presence in a non-Hindi speaking area, the company has bagged the award for eight times.

-Inks power purchase agreement with Mahrashtra State Electricity Board (MSEB)

2004

-NTPC join hands with Kerala State Industrial Development Corporation (KSIDC) for setting up LNG terminal

- The Kerala State Industrial Development Corporation (KSIDC) join hands with NTPC for Kayamkulam project

-NTPC inks pact for expansion of Kayamkulam thermal plant

-Vajpayee dedicates NTPC power project to nation

-Prime Minister unveils Simhadri project

-Shyam Benegal's film for NTPC adjudged as best film on corporate responsibility

-NTPC and others join hands for Pipavav project

-NTPC signs accord with ASCI for joint research

-NTPC has signed a memorandum of understanding (MoU) with Administrative Staff College of India (ASCI) for carrying out joint research and prepare well-documented policy options that would contribute to reform and sectoral growth in the area of generation, transmission and distribution of power.

-National Thermal Power Corporation, Kayamkulam, gets award for industrial safety instituted by National Safety Council, Kerala Chapter, in other industries category

-Entered into an agreement with Indian Institute of Technology, Mumbai, to promote research and development in several areas including power distribution and renewable technology.

-The 1000-MW Simhadri thermal power plant of the NTPC here has got the ISO-9001 certification for quality management, ISO-14001 for environment management and OHSAS - 18001 for safety management.

- NTPC expands installed capacity to 22,250 MW

-National Thermal Power Corporation Ltd. (NTPC) has bagged the Enterprise Excellence Award

-The National Thermal Power Corporation (NTPC) has signed an agreement with Uttaranchal government to develop two hydro-electric projects with an installed capacity of 1120 mw in the hill state

-NTPC floats JV with TNEB for 1,000 MW power project in Ennore

2005

-NTPC forges alliance with IOC for new power plant

-NTPC CMD wins SCOPE award

-NTPC may ink agreement with RIL for gas supply

- NTPC Hydro signs agreement to implement Hydro-Electric Power Project

-NTPC Hydro signs agreement with WBSEB for 90mw unit

- Bharat Heavy Electricals (BHEL) teams up with National Thermal Power Corporation (NTPC) for promoting a 100 mw IGCC (integrated gassification and combined cycle) power project.

- NTPC signs MoU with Defence Metallurgical Research Laboratory (DMRL) to develop gas turbine blades

2006

- NTPC appoints Mr R. Venkateswaran as General Manager

-NTPC to set up 500MW plant in Sri Lanka

2007

-National Thermal Power Corporation Ltd (NTPC) has informed that Shri. K B Dubey has taken over as Director (Projects) of the Company w.e.f. January 12, 2007.

-National Thermal Power Corporation Ltd (NTPC) has forayed into an pact with Coal India Ltd (CIL) to build and run coal blocks and integrated coal based power plants.

-NTPC Ltd has inked a memorandum of understanding (MoU) with the Ministry of Power. -NTPC signs $100mn loan agreement with KfW

-NTPC Ltd and Singareni Collieries Company Ltd (SCCL) on May 11, forayed into an equal joint venture for development, operation and maintenance of coal blocks.

-NTPC Ltd on May 23,2007 inked an agreement with Chhattisgarh State Electricity Board to sell electricity from its Barh Super Thermal Power Station (stage II).

- Ntpc Limited has has appointed Shri Rajesh Verma, Joint Secretary and Financial Advisor, Ministry of Power as Part-time Director (Government nominee) on the Board of NTPC Limited.

-National Thermal Power Corporation Ltd (NTPC) has informed that a Memorandum of Understanding (MOU) has been signed on July 29, 2007 between the Company and Anna University, Chennai (AUC) to provide a platform for knowledge sharing and collaboration to promote Research and Development.

-Ntpc Limited has informed that As per order No. 8/6/2007 - TH. I dated 30th August , 2007 of the Ministry of Power, Government of India and in pursuance of Article 41 of the Articles of Association of NTPC Limited, the President has appointed Shri V.P. Joy, Joint Secretary, Ministry of Power as Part- time Director (Government nominee) on the Board of NTPC Limited, with effect from August 30, 2007.

-National Thermal Power Corporation Ltd (NTPC) has has signed a Memorandum of Understanding (MOU) with Bharat Heavy Electricals Ltd (BHEL) for forming a Joint Venture Company for carrying out Engineering Procurement and Construction (EPC) activities in the power sector on mutually beneficial terms.

2008

-National Thermal Power Corporation Ltd (NTPC) has informed that an MOU has been signed on February 08, 2008 between the Company and Bharat Forge Ltd (BFL) to promote a Joint Venture Company, with an equity participation of 49:51 by the Company and BFL respectively, to take up manufacture of castings, forgings, fittings and High Pressure piping required for Power and other industries, Balance of Plant (BOP) equipment for the power sector etc.

- National Thermal Power Corporation Ltd (NTPC) has informed that as per order dated December 26, 2008 of Ministry of Power, Government of India and in pursuance to Article 41 of the Articles of Association of NTPC Ltd, the President of India has appointed Shri I J Kapoor, as Director (Commercial) on the Board of Directors of NTPC for a period of five years with effect from the date of taking over the charge of the post or till date of his superannuation or until, further orders whichever event occurs the earliest.

 
 
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